Coinbase is making a significant push into Charlotte’s growing fintech sector, securing 58,600 square feet of office space at 110 East, South End’s flagship Class A+ office tower.
The crypto exchange will occupy the 18th and 19th floors as it establishes a new “Center of Excellence” in the city.
This expansion is part of Coinbase’s broader national hiring initiative, which aims to create 1,000 jobs across the U.S. Notably, over 130 of those roles will be based in Charlotte, further solidifying the city’s reputation as an emerging fintech hub.
Coinbase will open its office in South End https://t.co/rKhYWMvsiN
— alex sands (@alexsands_) June 3, 2025
Shorenstein Properties, the building’s owner, celebrated the deal as a validation of the property’s forward-thinking design and prime location. “Coinbase choosing 110 East affirms our vision of building for the future,” said Matt Knisely, Managing Director at Shorenstein. The building offers modern workspaces, top-tier amenities, direct transit access, and a curated retail experience—elements that appeal to today’s leading tech and finance firms.
Coinbase’s lease is the largest among the three recently signed at 110 East, contributing to a total of 115,000 square feet of new commitments in the past month. Among those, SouthState Bank announced it will relocate its regional headquarters to 40,000 square feet in the building, while a third, undisclosed tenant leased an additional 15,500 square feet.
In the deal, Coinbase was represented by Conor Brennan of JLL, while the landlord was represented by Jennifer Kurz, John Hannon, and Rhea Greene of Trinity Partners.
Alongside Coinbase, current tenants include Humana and Patterson Pope, a storage solutions company. The ground floor will also welcome The Iberian Pig, a contemporary Spanish tapas restaurant from the award-winning Castellucci Hospitality Group, set to occupy 4,600 square feet next to the LYNX East/West Station platform.
However, this expansion comes amid ongoing scrutiny of Coinbase’s security practices. The company has been linked to a January incident involving an employee of TaskUs—a third-party vendor operating in India—months before Coinbase publicly disclosed the security breach.
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